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Intuit Selects Its New CFO

PYMNTS

23) that Michelle Clatterbuck, current senior vice president of finance for Intuit’s consumer tax group, and current acting finance leader for Intuit’s small business group, will assume the role of Intuit CFO starting Feb. Its small business online revenue also jumped by 30 percent, Intuit said.

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How About Profits in the Branch of the Future?

Jeff For Banks

And the rest of us are increasingly buying online. This is down from 4.17% for banks and 2.51% for thrifts in 2006. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability. mBank’s light branch depicted above is located in a mall. Not very inspiring.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: November 30, 2006. Date: February 6, 2006. In 2006, it was the most-visited website in the US, even beating out Google. Zynga and OMGPOP.

Google 76
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In 2006, investment banks were at the top of the finance world. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Pixelon: Online video vaporware. Rishi Shah and Shradha Agarwal founded healthcare information startup Outcome Health in 2006 while the pair were still studying at Illinois’ Northwestern University. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US.

Fraud 78
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11 Lessons From Startup Chapter 11s

CB Insights

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. By September 2011, Solyndra’s business model had fallen apart.

Apple 78
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How The Rise Of Private Labels Is Transforming The CPG Industry

CB Insights

Its acquisitions of smaller grocers like Roundy’s (2015) and Harris Teeter (2014) have bolstered Kroger’s supply chain further by integrating their warehouses and distribution centers into the company’s larger operations. This data underpins other improvements to Kroger’s operations. This helps them increase their margins.